What Are Some Changes You Can Make To Your Property To Keep That Home Equity Growing

Category: Finance, Real Estate.

Tempe, Arizona is such a great community to live in that homes for sale practically sell themselves.

Tempe offers great schools, and lots of, beautiful planned communities variety, conveniences and amenities. Who wouldn t want to live in such a dynamic community, a place with easy access to Phoenix, Mesa and Scottsdale, Chandler? If you own a home in Tempe, you ve probably seen your home equity increase as your home appreciates in value. Whether you plan to sell your home or not, chances are you d like to make improvements to the property to increase its value. You may be tempted to sell your home and use some of the equity as down payment for a larger home in Tempe. What are some changes you can make to your property to keep that home equity growing?

The trend nowadays focuses not on the inside of your house, the landscaping, but the outside. The answer may surprise you. Landscaping has become the hottest trend in property improvement. New buyers are looking for landscaping that creates a livable area outside the home, a yard that expands the space of the home to the great outdoors. But the focus isn t on merely adding some flowers or shrubs to your property. The Arizona sun provides so many days of beautiful weather, it s a shame to waste time indoors. Having a simple patio isn t sufficient.

That s part of the reason home owners are looking for what amounts to an outdoor living room. If you really want to improve your Tempe home, consider adding a patio or terrace that reflects the elegance of the rest of your home. Another important feature to consider is a covered area. Instead of a mere concrete slab patio, add paving stones or tiles. As much as you may love the sun, having a sheltered or shaded area to take a break is an important part of creating the feel of an outdoor living room. What can you do to make your patio more functional, with a feeling of permanence? The patio or terrace becomes an important part of the home for entertainment and enjoyment.

How about adding a built in grill, or consider making a mini- kitchen outdoors. What living room is complete without a fireplace? It may take a little money to add the features, but its well worth it in terms of the value it adds to your home. Well, fireplaces are important parts of indoor living rooms, but not such a practical part of an outdoor living space. These features add little value to the home because they aren t something that is commonly used by most residents. If you are considering adding an outdoor fireplace or fire pit, rethink your plans.

Water features, like ponds or waterfalls, offer little desirability. A far better use of money is in a swimming pool. The feature may be pretty, but in the end it s merely time consuming to maintain. Traditionally, swimming pools aren t considered a great equity generator in other parts of the country, a pool can, but in Arizona be a deal maker for a home. They find the investment pays off not only in future sale of the property, but also increases their enjoyment of the home. More and more home owners are investing serious money in the landscaping around their home.

Consider making some improvements to the outside of your Tempe home, and you ll find that your house has a whole new lease on life.